“It’s official! The international recharge of USD Classic Cards in Cuba is available, and we are the first to offer it to you.” This is the message that the site for sending remittances to Cuba, Tocopay, published this Tuesday.
Let us remember that the Classic USD Cards are a new product from Fincimex, the Cuban company that processes family remittances and acts as issuer and acquirer of financial cards. This is purchased at CADECA branches for a price of 4 USD and is used to pay at service centers.
According to the Tocopay calculator, if you send 100 euros to a Classic USD card, the beneficiary will receive 107.28 MLC in Cuba. In total you will pay 111.80 euros for the shipping commission, which is €11.80. For the beneficiary to receive 100 US dollars in Cuba, you must deposit 111.54 USD.
How sending money to Cuba through Tocopay works:
1- To transfer money to Cuba through Tocopay, the sender must have an international card (Visa, Mastercard, Maestro or UnionPay), prepaid, credit or debit, enabled for Secure Internet Payments.
2- For its part, the recipient in Cuba must have an AIS, CLASICA or MLC card from the Metropolitan, Popular Savings (BPA) or Credit and Commerce (BANDEC) banks.
3- It is important that you know that if you wish, with a successful first shipment, you can request the manufacture of a new AIS or CLASSIC card for the beneficiary on the island.
4- Once these requirements have been met, you must register on the website, provide the required information and documentation, both personal and for your beneficiaries. The platform will verify that everything is in order and will contact you to provide you with the Pin or security key with which you can send your remittances.
STEPS TO SEND MONEY TO CUBA BY TOCOPAY FROM ANYWHERE IN THE WORLD
If your account has already been validated, once in place:
- Choose the shipping type and determine the quantity to send.
- Select the beneficiary and their corresponding card or bank account.
- Confirm that the transfer details are correct and make the payment, declaring the card details (number, expiration date and security code on the back of the card) and authenticating the payment with your bank.
How do I know if my beneficiary received his money in Cuba? According to Tocopay, the accepted transfer will go through the following states:
– Paid: Operation carried out successfully.
– In deposit process: Our deposit provider is processing the transfer.
– Deposited: The operation has been deposited on the Beneficiary’s card.
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